to the soviets for launching sputnik and schering americans. because of it, there was a program that got me through college and law school. these loans make a big difference, whether it is pell grants or loans. let me look at this honestly. 25% of the federal aid education goes to for-profit schools. they have more than double the student loan default rate than any other. there are ways to cut back on spending and education that will give us opportunities and resources for real education, which can be part of our future. when it comes to the most painful topic of all. i came here in 1983 and was told social security would be on its way out. we rolled up with our sleeves and came up with a bipartisan solution that ultimately bought over 50 years of solvency for social security. we raised the retirement age, payable taxes on social security, and we taxed those social security benefits indirectly for the first time. today, social security will make every promised payment for the next 22 years. you cannot say that about much in washington. social security has not added one penny to the deficit.